Question
During the month of January, the standard cost of
actual hours worked amounted to Rs.42,000, the standard hours allowed for actual production were 2,000 and the direct labor efficiency variance amounted to Rs.2,000 unfavorable. What will be the standard direct labor rate per hour?Solution
Direct labor efficiency variance = (AH × SR) – (SH × SR) Rs.2,000 = Rs.42,000 – (2,000 × SR) Rs.2,000 – Rs.42,000 = -2,000SR -Rs.40,000 = -2,000SR SR = Rs.40,000/2,000 SR = Rs.20 per hour
Which country is NOT a member of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)?Â
Which coast in India is known as a coastline of emergence due to geological uplift?
Government issues equity instruments in primary market
Who was the architect of the Indian economic reforms of 1991.
Shankaracharya, the revered philosopher and theologian, hailed from which Indian state?
The Indian Institute of Science (IISc) has installed and commissioned one of the most powerful supercomputers in India, name it?
In which state of India does the sunrise first appear?
Expand the abbreviation 'ICMR.'
Consider the following statements in regards to Jal Shakti Abhiyan:
1. Jal Shakti Abhiyan-I launched in 2020
2. National Water Mission is ...
Which city won the "Best Public Transport System" award at the UMI Conference 2024?
